Warranty:

Teleweld
products are warranted to be free from defects in material and workmanship
at time of shipment from Teleweld's plant.

Warranty
period:

This
warranty extends for twelve months from date of shipment subject to the
following.

Limitations:

Products
must be installed, used and maintained in accordance with Teleweld's instructions.
The foregoing warranty is exclusive and in lieu of all other warranties,
expressed or implied, including any implied warranty of merchantability
or of fitness for a particular purpose. Any warranties for equipment manufactured
by others, furnished in connection with our products, are limited in all
circumstances to whatever warranties against damage from misapplication
or unusual operating conditions beyond our knowledge or control.

Remedy:

Contact
Teleweld to determine which of the following options is to be used by
Teleweld.

Under
either option, defective items will be repaired or replaced, at our option,
at no charge. Such replacement or repair is the exclusive remedy available
from Teleweld.

The
liability of Teleweld on any claim of any kind whatsoever, or any loss
or damage arising out of, connected with, or resulting from this contract,
or from the performance or breach thereof, or from the design, manufacture,
sale, delivery, resale, installation, technical direction of installation,
inspection, repair, operation or use of any equipment covered by or furnished
under this contract shall in no case exceed the replacement price for
the part which gave rise to the claim. In no event, whether as a result
of breach of contract, breach of warranty, or tort shall Teleweld be liable
for special or consequential damages, including but not limited to economic
loss, loss of profits or revenue, property loss or damage, personal injury,
loss of use of the equipment or any associated replacement, cost of capital,
cost of substitute equipment, facilities, or services, down time costs
or claims of customers of the purchaser for such damages.

The
foregoing limitations of liability of Teleweld shall apply notwithstanding
any breach on the part of Teleweld of its obligations to repair or replace
equipment on any part that does not conform to the foregoing warranties
stated herein or to a breach by Teleweld of any other provision of this
contract.